American Homes 4 Rent (NYSE:AMH)’s share price fell 1.8% on Thursday . The stock traded as low as $22.22 and last traded at $22.22, with a volume of 620,441 shares trading hands. The stock had previously closed at $22.62.

Several research firms recently weighed in on AMH. Zelman & Associates upgraded shares of American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Monday, August 8th. FBR & Co lifted their target price on shares of American Homes 4 Rent from $22.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, August 8th. Keefe, Bruyette & Woods lifted their target price on shares of American Homes 4 Rent from $19.00 to $22.00 and gave the company a “market perform” rating in a report on Monday, August 8th. TheStreet upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, August 1st. Finally, Zacks Investment Research upgraded shares of American Homes 4 Rent from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Tuesday, May 10th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. American Homes 4 Rent has an average rating of “Buy” and a consensus target price of $21.00.

The company has a 50-day moving average price of $21.18 and a 200 day moving average price of $17.37. The stock’s market cap is $5.31 billion.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The business had revenue of $221 million for the quarter, compared to analysts’ expectations of $219.32 million. During the same quarter in the previous year, the company posted $0.17 EPS. The business’s revenue for the quarter was up 43.9% on a year-over-year basis. Equities research analysts expect that American Homes 4 Rent will post $0.96 earnings per share for the current fiscal year.

A number of hedge funds and institutional investors recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA raised its position in American Homes 4 Rent by 8,179.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 977,005 shares of the company’s stock valued at $16,277,000 after buying an additional 965,204 shares in the last quarter. Bank of Montreal Can raised its position in American Homes 4 Rent by 440.4% in the fourth quarter. Bank of Montreal Can now owns 966,719 shares of the company’s stock valued at $16,106,000 after buying an additional 787,816 shares in the last quarter. Finally, First Trust Advisors LP raised its position in American Homes 4 Rent by 6.6% in the fourth quarter. First Trust Advisors LP now owns 60,504 shares of the company’s stock valued at $1,008,000 after buying an additional 3,734 shares in the last quarter.

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

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